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While some progress has been made in order to insure the full effectiveness of the Kimberly Process, the self-regulation should not be voluntary but a heavily scrutinized system of checks and balances.
The main problem with conflict diamonds is the structure of the diamond industry. "The international diamond trade is remarkably centralized, with the De Beers group of South Africa controlling nearly 65% of the world's mining and marketing capacity"(http://web...
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While some progress has been made in order to insure the full effectiveness of the Kimberly Process, the self-regulation should not be voluntary but a heavily scrutinized system of checks and balances.
The main problem with conflict diamonds is the structure of the diamond industry. "The international diamond trade is remarkably centralized, with the De Beers group of South Africa controlling nearly 65% of the world's mining and marketing capacity"(http://web...
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Checks and balances
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